Presentation ~ The Tenancy Deposit Scheme(TDS)
Date: Tue 13th March 19:00 - 21:00
Description:A Presentation by John Socha, Vice Chair of the NLA/Tenancy Deposit Solutions..
The Tenancy Deposit Scheme becomes law on 6th April 2007. This new legislation will affect all landlords who take a deposit/bond from their tenants. Failure of landlords to comly with this new legislation will be a criminal offence. Come along and hear about the three options you will have after 6th April 2007:
Option 1 ~ Do not take a bond/deposit from tenants
Option 2 ~ Take a bond/deposit from tenants and pay for one of two government 'approved' insurance policies in favour of your tenants. ie.
- NLA/Tenancy Deposit Solutions Ltd. (TDSL) ~ www.mydeposits.co.uk
- The Tenancy Deposit Scheme (TDS) ~ www.tds.gb.com
Option 3 ~ Take a bond/deposit from tenants and pass this money over to the government 'approved' custodian. ie.
- The Deposit Protection Service (DPS) ~ www.depositprotection.com
Location:
Sandys Richardson Suite, York Pavilion Hotel, Fulford, York
